Warner Bros. May Make Fired New Line Leaders' Movies After All

Variety: Former New Line toppers
Robert Shaye and
Michael Lynne have signed a first-look deal with Warner
Bros., four months after the studio announced massive staff cuts
at New Line.

Shaye, who founded New Line in 1967 in his New York apartment,
and Lynne will maintain offices in New York and at New Line
headquarters in West Hollywood.

The Shaye-Lynne deal hasn't been officially announced, with
sources noting that the duo's been attempting to raise additional
financing prior to taking that step. Longtime New Line exec VP
Mark Kaufman ("Hairspray,"
"Take the Lead") has joined the shingle.